FY2025 · ended Dec 31, 2025 · Revenue $1.11B, +7.1% YoY · Filed Feb 18, 2026
Grand Canyon Education, Inc. (LOPE) files with the SEC under industry code 8200, Services-Educational Services. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.1 billion and net income of $216.2 million. Free cash flow was $238.6 million. As of Sep 30, 2026 it held $162.1 million in cash and investments and $114.0 million in total debt.
Revenue (TTM)
$1.15B
+5.3% vs year-ago TTM
Net income (TTM)
$250.94M
+18.8% vs year-ago TTM
Operating cash flow (TTM)
$302.07M
+8.3% vs year-ago TTM
Free cash flow (TTM)
$264.85M
+9.5% vs year-ago TTM
EPS (TTM)
$9.43
+26.5% vs year-ago TTM
Dividend per share
None
Shares outstanding
27.14M
-5.5% vs prior year
Net cash
$48.13M
as of Sep 30, 2026
Operating margin
27.3%
FY 2026
Company profile
- Industry
- Services-Educational Services (SIC 8200)
- Listed as
- LOPE (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Phoenix, AZ
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1434588
Other Services-Educational Services companies
- New Oriental Education & Technology Group Inc. EDU
- TAL Education Group TAL
- Graham Holdings Co GHC
- Laureate Education, Inc. LAUR
- Covista Inc. CVSA
- Stride, Inc. LRN
- Youdao, Inc. DAO
- PERDOCEO EDUCATION Corp PRDO
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $960.9M | $911.3M | $896.6M |
| Operating income | $265.9M | $275.4M | $249.3M | $237.5M | $282.2M |
| Net income | $216.2M | $226.2M | $205.0M | $184.7M | $260.3M |
| Diluted EPS | $7.71 | $7.73 | $6.80 | $5.73 | $5.92 |
| Operating cash flow | $273.5M | $290.0M | $243.7M | $220.8M | $313.1M |
| Free cash flow | $238.6M | $252.7M | $199.1M | $185.6M | $284.2M |
| Total assets | $992.3M | $1.0B | $930.5M | $832.7M | $1.2B |
| Total liabilities | $245.4M | $234.6M | $212.4M | $195.1M | $177.7M |
| Stockholders' equity | $746.9M | $783.9M | $718.0M | $637.6M | $1.0B |
| Cash and investments | $300.1M | $324.6M | $244.5M | $181.7M | $600.9M |
| Total debt | $107.3M | $108.5M | $99.3M | $77.4M | $61.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Nov 4, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Nov 4, 2026 | Nov 4, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Oct 1, 2026 | Sep 28, 2026 |
| 8-K |
Current report
Officer or director change
|
Aug 24, 2026 | Aug 21, 2026 |
| 10-Q | Quarterly report | Jul 30, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 30, 2026 | Jul 30, 2026 |
All 1003 Grand Canyon Education, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.